Turnkey income in Chester’s regeneration zone for yield-focused investors.
Fully tenanted by working professionals providing reliable income
Gross annual income £29,424 delivering an 11.32% yield
Freehold mid-terrace Victorian HMO — five bedrooms, two bathrooms plus WC
Close to city centre, university, major employers and strong transport links
Solid brick walls assumed uninsulated — potential energy-efficiency costs
Double glazing present but install date unknown — may need upgrading
Small plot and mid-terrace position limit scope for large extensions
Built 1900–1929; typical period maintenance and refurbishment likely
This well-located mid-terrace HMO offers immediate, hands-off rental income in a desirable Chester neighbourhood. Fully tenanted by working professionals, the property generates a gross annual income of £29,424 (approx. 11.32% yield), making it a straightforward buy-to-let investment for yield-focused purchasers.
Set close to the city centre, university and major employers, the house benefits from excellent transport links to Liverpool and Manchester and easy access to the M56/M53. Ongoing Chester Northgate and city-centre regeneration supports strong tenant demand and long-term capital appreciation in the area.
The circa 1900–1929 Victorian build has attractive period character externally and a modernised kitchen internally, but it also carries some typical maintenance considerations. The solid brick walls are assumed uninsulated, and the double glazing install date is unknown—both factors that could affect energy efficiency and future refurb costs.
Practical details make this a clear investor purchase: freehold tenure, five lettable rooms, two bathrooms plus a separate WC, and reliable occupancy from professionals. The plot is small and the property is a mid-terrace, so there’s limited scope for substantial extension; returns will therefore come from rental income and careful, targeted improvements rather than large-scale redevelopment.
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